Introduction to Fees

Index Fund Advisors, Inc. (IFA) is a fee-only Registered Investment Adviser. Our account minimum is $100,000. We will provide our ADV Part II and client agreement prior to you becoming a client.

Quotes

Nobel Laureate William F. Sharpe

"A decade ago, I really did believe that the average investor could do it himself. After all, the flesh was willing, the vehicles were available, and the math wasn't that hard. I was wrong. Having emailed and spoken to thousands of investors over the years, I've come to the sad conclusion that only a tiny minority, at most one percent, are capable of pulling it off. Heck, if Helen Young Hayes, Robert Sanborn, Julian Robertson, and the nation's largest pension funds can't get it right, what chance does John Q. Investor have?"

— William Bernstein," The Probability of Success"

Benjamin Graham

"The investor's chief problem - and even his worst enemy - is likely to be himself."

— Benjamin Graham (1894-1976) Legendary American investor, scholar, teacher and co-author of the 1934 classic, Security Analysis

"It is unwise to pay too much, but it's worse to pay too little."

— John Ruskin (1819-1900)

Index Fund Advisors Management Fee

For a precise calculation of our fee, click here to see the fee calculator.

*The blended annual fee at $1 million in assets under management is 0.825%, at $2 million is 0.7125%, at $4 million is 0.581%, at $6 million is 0.4875%, at $10 million is 0.3923% and at $20 million is 0.2961%. For a precise calculation of your fee, see this fee calculator. Please call 888-643-3133 to obtain a copy of the Index Fund Advisors, Inc. (IFA) Client Agreement and Form ADV Part II, which includes additional language on the subject of fees. IFA considers its fee to be fair for the advice and services provided, but the fee is also negotiable. All IFA client information is required to be kept confidential by the firm's employees and therefore, all ex-employees of IFA are required to return or destroy any such information. In the special situation of an employee resigning or being terminated from IFA, not complying with these confidential and privacy policies, and subsequently using confidential client information to solicit IFA clients to another firm, IFA may take legal action as needed to enforce client information privacy policies. In addition, IFA has the discretion to and may substantially lower its advisory fee to those specific clients as an additional incentive for those IFA clients to remain with IFA. IFA's recommended account minimum is $100,000.

Custodian Fees

Transaction fees may apply to certain no-load funds which do not participate in the Schwab Mutual Fund OneSource service, such as DFA mutual funds. Such funds are subject to Schwab's standard transaction fees. None of this fee is paid to Index Fund Advisors. The reason investors pay a transaction fee for DFA fund transactions is because DFA does not charge ongoing quarterly fees (12b1 fees) from it's mutual funds. Instead, investors pay a one time transaction fee for Schwab to execute the trade. This will cost less over the long term because it is a one time fee, as opposed to an ongoing quarterly fee of approximately 0.25% annually.





Mutual Fund Fees